ODDO BHF, renowned for the quality of its financial analysis, has teamed up with HEC Paris to create a “Financial Analysis” teaching Chair.
The purpose of this Chair is to educate HEC Paris students in corporate financial analysis methodologies, from valuation to formulating recommendations. Its holder will work alongside teams from ODDO BHF.
Academic responsibility for this Chair has been entrusted to Alexei Ovtchinnikov, Associate Professor of Finance at HEC Paris, who is also a member of the CNRS-GREGHEC Research Laboratory and Academic Director of the Master in Finance (ranked first in the world by the Financial Times).
Financial analysis has long been integral to ODDO BHF, and its influence extends to the group’s other business lines: asset management, corporates and markets and private wealth management. Financial analysts often gravitate towards other industries within the institution such as asset management or corporate finance. These links are particularly important for ODDO BHF because they reinforce the sectoral approach of corporate finance, while also assisting in the development of new fund managers. In 2018, ODDO BHF earned first place in the EXTEL French securities ranking for the third consecutive year, and first place in the 2018 Euromoney poll in high yield. By merging with Natixis in France for its activities of research and equity brokerage, ODDO BHF confirmed its ambition to increase its standing in France and to be one of the top three brokers in Germany. The team at ODDO BHF looks after 600 securities, including 220 in France and 130 in Germany, which constitutes more than 80% of the major reference indices in France and Germany.
The current teams at ODDO BHF include roughly twenty HEC alumni, and ODDO BHF supervisory board includes Bernard Ramanantsoa, Dean Emeritus of HEC Paris.
Philippe Oddo, Managing Partner of ODDO BHF: “We are pleased to create a chair with HEC which meets two of our ambitions: to continue to grow this business, which remains key to understanding the financial markets, and to recruit 100 young talents in France and Germany.”
For Peter Todd, Dean of HEC Paris, “finance has always been one of the top fields at HEC Paris, both from a research perspective and in terms of our teaching programs. Today, 28 % of our students choose a career in finance. Thanks to the Financial Analysis Chair, we will be able to enrich their education with the expertise of our partner ODDO BHF and improve the already excellent caliber of our teaching. I am convinced that, under the guidance of the Chairholder, Professor Alexei Ovtchinnikov, our Finance courses will enhance their status as the best in the world. Finally, I wish to emphasize how proud I am to be forming this partnership with a German company. It will strengthen the extremely close links between HEC Paris and Germany, certainly on an academic level, but also on a corporate one.”
According to the UT Dallas finance research ranking, the finance department at HEC Paris is ranked third in Europe. Since 2010, the research faculty has published more than 40 papers in the top three finance and top five economics academic journals. The members of the finance department cover a wide range of fields, including corporate finance, asset pricing, asset management, risk management, banking, or the regulation and organizations of financial markets. This Chair offers a perfect opportunity for HEC to develop its research in financial analysis.
